HEG Ltd (HEG) — Announcement | 18 September 2026 (2 announcements)

HEG announced that its subsidiary Replus Engitech received orders from Indus Towers for lithium-ion battery banks worth Rs. 217.56 crores, to be executed by March 31, 2027, marking a new revenue stream from energy storage materials. This award under SEBI Regulation 30 highlights HEG's expansion beyond carbon anode production into high-growth battery supply chains, with potential to diversify revenue and capture emerging EV and renewable energy markets. The transaction is non-related party and domestic in nature.

HEG announced that its subsidiary Replus Engitech received orders from Indus Towers for lithium-ion battery banks worth Rs. 217.56 Crore, to be executed by March 31, 2027, with no promoter interest or related party concerns.